The yen has again weakened against the US dollar.
It fell to the upper-147 level for the first time in 32 years.
That came after US consumer data were slightly higher than expected.
The Bureau of Labor Statistics said the consumer price index in September rose 8.2 percent from a year earlier.
Investors saw that as a sign the Fed would keep raising interest rates.
They stepped up their moves to buy the dollar and sell the yen.
It fell to the upper-147 level for the first time in 32 years.
That came after US consumer data were slightly higher than expected.
The Bureau of Labor Statistics said the consumer price index in September rose 8.2 percent from a year earlier.
Investors saw that as a sign the Fed would keep raising interest rates.
They stepped up their moves to buy the dollar and sell the yen.
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Summary
Yen weakens against US dollar, reaching a 32-year high of upper-147 level due to higher-than-expected US consumer data. The Bureau of Labor Statistics reports a 8.2% increase in the consumer price index (CPI) year-on-year in September, suggesting continued interest rate hikes by the Fed. This has
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ID: 3d70a7ea-01fe-4a70-bc14-400971e65bf9
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20221014_02/
Date: Oct. 14, 2022
Created: 2022/10/14 07:29
Updated: 2025/12/09 12:45
Last Read: 2022/10/14 07:37